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0 0.0030824335726955 0.00222141860825543 0.00265192609047554 0.000929896161595263 0.00179091112603533 0.00265192609047554 0.000499388679375307
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MUFG Announces $75 Million Financing for Sun Country Airlines [Yahoo! Finance]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: Yahoo! Finance
NEW YORK April 14, 2025 /PRNewswire/ -- Mitsubishi UFJ Financial Group ( MUFG ), a global leader in financial services, is pleased to announce the closing of a USD 75 million senior secured revolving credit facility ("RCF") for Sun Country Airlines, Inc. ("Sun Country"). MUFG acted as Sole Structuring Agent and a Joint Lead Arranger with a USD 37.5 million commitment. Sumitomo Mitsui Banking Corporation, acting as the other Joint Lead Arranger, provided the additional USD 37.5 million commitment. The facility will replace Sun Country's existing USD 25 million RCF and is intended to provide additional liquidity for Sun Country to be used for general corporate purposes. The facility may be secured by a combination of aircraft, engines, spare parts, inventory, receivables, and cash. "This new revolving credit facility provides Sun Country with enhanced financial flexibility to pursue new opportunities as they arise," said Dave Davis , President and Chief Financial Officer. "We continu Show less Read more
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